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Outlook for US mortgage rates remains stable, housing crunch continues

Mortgage rates will remain stable for the next two and a half years, predicts an economist from the Mortgage Bankers Association. But the national housing shortfall continues to be a problem primarily because of the lack of building sites, according to the Urban Institute. Source: click here

Zillow’s way or the highway?

IBuyer expert and real estate analyst Mike DelPrete explains how market incumbents are stepping up their game to adapt to a shifting business landscape ahead of Inman Connect Las Vegas on July 22-26. Source: click here

Helping buyers find a home for the fam? Share these 7 tips

If you’re working with a buyer who’s in the market for a new house — whether it’s a starter home or their forever home — and has long-term plans to start a family, there are a few recommendations you should make to ensure that they make a smart decision. Source: click here

Home prices rise 1% from March’s lull

Home prices across the U.S. saw, according to the latest report by CoreLogic, a slight uptick from a major slowdown last month. Across the country, home prices grew by 3.6 percent in April year-over-year, down from a whopping 6.9 percent growth at the same time last year. That said, home prices are still high compared to […]

EXp Realty is expanding to New York City

James Hynes will serve as the managing broker of eXp Realty’s Brooklyn operations. Hynes has been with eXp Realty for more than two years in Rochester, New York. Source: click here

A new ‘uniform’ for Fannie and Freddie aims to help homebuyers, investors

The program will combine previously separate markets for mortgage-backed securities known as TBAs. Proponents say it will lower mortgage interest rates. Source: click here

A-Rod buys NYC rental building with Barbara Corcoran

Retired NY Yankees slugger Alex Rodriguez, affectionately known to fans as “A-Rod,” has bought a 21-unit rental building in the East Village, an iconic Manhattan neighborhood in New York City. And that’s just the start of A-Rod’s NYC real estate ambitions, according to The New York Post, which first broke the news. The former baseballer […]

Would you buy Ikea’s new robotic furniture?

If you’ve ever tried to fit useable furniture into a small space, you know it’s a struggle. But with housing affordability remaining challenging and more people considering moving into smaller homes and studio apartments, Ikea may be able to help out. The Swedish furniture and home furnishings giant just unveiled an all-in-one, transforming piece of robotic furniture […]

Innovative and transparent, SquadVoice turns old leads into new money

This unique lead analysis solution earns rare five-star rating for its innovative approach to helping brokerages earn more business by applying AI to your CRM. Source: click here

Vacation rental industry heats up with iTrip Vacations expansion

The newly added iTrip properties are scattered across a handful of coastal Florida communities, including Palm Beach Gardens, Fort Pierce, Juno Beach, Jupiter, Stuart, Hutchinson Island and Port St. Lucie. The properties will be operated as part of a new iTrip franchise, dubbed iTrip Vacations Treasure Coast. Source: click here

June 2019
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